Entity Address

*Note - first known date can not be a date after the end of the last accounting period. In this case the company does not have a direct or ultimate parent because there is yet no consolidation in the financial accounts. Please check above “I do not have a direct/ultimate parent.” or a reporting exception “Does not consolidate” Thank you!

*Note - first known date can not be a date after the end of the last accounting period. In this case the company does not have a direct or ultimate parent because there is yet no consolidation in the financial accounts. Please check above “I do not have a direct/ultimate parent.” or a reporting exception “Does not consolidate” Thank you!

Correct

*I hereby accept the Terms & Conditions of LEI Registry and give permission to apply for an LEI.

Correct

*Please note that we may contact you to request a signature.

LEI CODE PRICES

Renewal of the Legal Entity Identifier code for one year 99 A$ (69 A$ a year for 5 years)

GST if applicable
** The invoice will be sent after the assignment of the Legal Entity Identifier

Who needs aLegal Entity Identifier?

As of January 3rd 2018 all legal entities which wish to transact in European financial markets involving any kind of securities or derivates (for example Stocks, Bonds, ETFs, FX Forwards, Swaps, Interest rate Swaps etc.) need to register for an Legal Entity Identifier.

At present most of the LEI requirements are derived from the Markets in Financial Instruments Directive (MiFID II) and European Market Infrastructure Regulation (EMIR). The main purpose of these acts is to ensure a higher transparency and stability of the global financial market. All the regulations regarding Legal Entity Identifier can be found here.

LEI registration application

The application for an Legal Entity Identifier is a simple three step process.

1. Fill in all the blanks in the LEI registration form above.
2. Submit your application and pay with credit card, PayPal or bank link.
3. Your data will be processed and the Legal Entity Identifier sent to you by e-mail.

Your application will be sent for data validation as soon as you have submitted the payment. In 90% of the cases you will receive your Legal Entity Identifier within 3-4 hours*.

Legal Entity Identifier - what do the numbers and letters represent ?

Legal Entity Identifier is standardised with ISO standard 17442. It consists of a combination of 20 numbers and letters.

First four numbers always show the identity of the LOU which has initially issued the Legal Entity Identifier.

Numbers 5 and 6 have always a value of zero.

Numbers/Letters seven to eighteen are unique identifiers to each entity.

Final 2 numbers are the checksum. They are for verification purposes.

LEI connects the dots.

The vision of the Global Legal Entity Identifier Foundation is to have one universal registration number for all entities around the world. This is an identifier for the entities that would provide standardised and high-quality and free reference data for the consumer.

"We believe that ultimately there should be one identity behind every business. Having an LEI will help to achieve this objective."

GLEIF

The future of Legal Entity Identifier and why should I apply now!

There are a number of possible use cases where Legal Entity Identifier can become useful.

Quick and efficient identification of online businesses and e-commerce providers. As the e-commerce grows it will give us a quick overview with whom we are going to order merchandise. One click on the LEI will give you the full company data.

Many new user cases are being developed rapidly: such as site ceals, LEI in SSL certificates etc.

Who can issue LEI?

The Issuance of Legal Entity Identifiers is governed by the GLEIF. The GLEIF is the foundation which controls the issuance of LEI codes, but the GLEIF does not itself issue them. They are instead issued through a network of government owned and private companies acting as Local Operating Units. Their main purpose is to supply registration, the renewal of LEI's, and act as a gateway for organisations that wish to obtain an Legal Entity Identifier. Full list of Local Operating Units can be found from the GLEIF webpage.

LEI Register acts in cooperation with several LOUs. LEI Register is as an LEI Registration Agent. Our task is to help organisations and public entities obtain reliable information about the Legal Entity Identifier and manage communication between LOUs and entities wishing to apply for an LEI code. We validate data provided from publicly available databases such as national Business Register, etc. The full list of business and other registers can be found from the GLEIF Registration Authorities list. Find out more information about Registration Agents.

FAQs regarding Legal Entity Identifier

What is the LEI?

The Legal Entity Identifier is a global 20-character alphanumeric code for identifying legal entities. Each Legal Entity Identifier is unique: it is assigned to each legal entity once and may not be assigned to any other entity. The Legal Entity Identifier is an exclusive identifier, as each legal person is only issued a single Legal Entity Identifier.
The Legal Entity Identifier does not replace the national registry code of a company.

Why is the LEI necessary?

The Legal Entity Identifier (LEI) connects a legal entity to its key reference information (name, location, etc.). The LEI enables identifying legal entities participating in global financial markets for various supervisory purposes.
For example, LEI codes are already being used under the European Market Infrastructure Regulation (EMIR) for identifying counterparties to over-the-counter derivatives’ transactions. On 1 November 2017, with the application of the Implementing Regulation (EU) No. 2017/105, using Legal Entity Identifier was made mandatory for reporting all derivatives’ transactions.
Since 1 January 2017, all issuers have been required to have an Legal Entity Identifier for improving access to regulatory information.

What does the LEI have to do with securities’ transactions?

Since 3 January 2018, Legal Entity Identifier has been used in reporting the securities’ transactions of investment service providers to supervisory authorities for identifying customers that are legal entities. These transaction reports are used for identifying and investigating market abuse as well as for monitoring transactions and the activities of investment service providers on securities’ markets. The format of the report is established by an implementing regulation of the European Commission.

Who is required to have an LEI?

Since 3 January 2018, legal entities are required to have an Legal Entity Identifier if they carry out transactions either in a trading venue (regulated market, multilateral trading facility, etc.) or outside a trading venue in connection with securities which are admitted to trading or traded on a trading venue or for which a request for admission to trading has been made, as well as securities where the underlying is a security traded on a trading venue or an index or basket composed of securities traded on a trading venue.

Do investment service providers, such as banks, have the right to request an LEI?

Investment service providers must request customers that are legal entities to provide all information which is necessary for submitting information about transactions to supervisory authorities. Such information includes Legal Entity Identifier.

What happens if a customer does not provide an LEI?

If a customer who is a legal entity does not provide the investment service provider with the necessary information, including an Legal Entity Identifier, for reporting a security transaction, the service provider will not be able to fulfil their legal reporting obligation. Consequently, the investment service provider may refuse to provide the service.

Who issues LEI?

Legal Entity Identifier applications may be submitted to authorised LEI operators. LEI codes are issued by LOUs (Local Operating Units). Assistance in applying for the Legal Entity Identifier code may be received from official and non-official registration agents.

I have been issued an LEI, but the bank says it is in inactive or invalid.

Banks and investment service providers verify the validity of LEI from the GLEIF database. As GLEIF performs database updates once per day, the Legal Entity Identifier issued to you will be listed in the database on the following day from 14.00 CEST. For example, if your LEI was issued today, it will be listed in the global database tomorrow from 14.00 (CEST).

Where can I check the validity of my LEI?

The validity and information related to a Legal Entity Identifier can be checked from the website of the umbrella association at www.gleif.org. You can also check the validity of your Legal Entity Identifier by using our search box.

What is GLEIF?

GLEIF is an international organisation which is responsible for the functioning of the Legal Entity Identifier system and for monitoring LEI issuers. The headquarters of GLEIF are located in Basel, Switzerland. The website of GLEIF can be found at www.gleif.org

What is an LOU?

An LOU or Local Operating Unit is an organisation that has been authorised by GLEIF to issue LEI. LOUs work closely with registration agents, who help organisations apply for LEI. A list of LOUs can be found here.

Who is a registration agent?

A registration agent is a company or organisation that provides assistance in applying for Legal Entity Identifier. For a detailed overview of registration agents, see here.

Does each country have a distinct prefix for LEI?

Legal Entity Identifier is an universal code and is not tied to any specific country. Each LOU has its own identifier, which is contained in the first four numbers of the Legal Entity Identifier. LEI codes are valid worldwide regardless of the LOU that issued the code.

Why does Legal Entity Identifier need to be renewed?

Renewing the Legal Entity Identifier is necessary to ensure that all information about the company connected to the Legal Entity Identifier is up to date. To ease the administrative burden on companies and organisations, LEI Register allows paying for multiple annual renewals. In this case, the LEI Register takes it upon itself to verify the information upon renewal of the LEI for the designated period. Information updates are performed on the basis of official registry data.

How long does the LEI registration process take?

LEI Register normally issues your Legal Entity Identifier within 1–24 hours from the moment of payment for the application.
LEI Register issues your Legal Entity Identifier within 24 hours at the latest (if payment has been received and the company submits any necessary additional documents promptly).

Is LEI-related information public?

Yes, the Legal Entity Identifier system is built on the principle of making the information publicly available. LEI-related company data (name, registry code, address, address of the principal office, country of registration, etc.) are accessible to everyone through the GLEIF website.

Do I need to pay for an LEI?

LEI codes are issued for a fee and an annual maintenance fee must be paid for the renewal of the code.
The price list of LEI Register is available here.

What happens if I do not have an LEI or if it expires?

To fulfil their reporting obligation, investment service providers need their customers that are legal entities to have a valid Legal Entity Identifier. Before carrying out any securities’ transactions, investment service providers verify the existence of a valid Legal Entity Identifier.

Your LEI is currently being managed by [current_lou]. Please note that during renewal process your LEI will be transferred to another GLEIF accredited LEI provider.

What is the difference between an LEI transfer and LEI renewal?

LEI renewal is an annual update of the registration data related to the Legal Entity in the GLEIF database. The data related to the entity has to be updated at least once a year.

LEI transfer is the movement of the LEI code from one service provider to another. The LEI is transferrable to ensure the client has a choice between the service providers. If the client is not happy with the fees, service or data quality it can move the LEI to another LEI issuer (LOU). In the process of transfer the LEI number does not change. It is a back-end process which is not visible to end customers. All the LEI codes are valid in every jurisdictions. Investment service providers can not differentiate the LEI numbers according to the LOU.

LEI Register offers a transfer service with an LEI renewal to ensure the highest level of data accuracy.